The AUDUSD pair faced strong negative pressure to break 0.7915 and suffers losses that reached 0.7820, expecting the extension of the bearish wave to test the main bullish channel’s support line at 0.7755 before turning back to rise again.
Therefore, the bearish bias will be expected for today unless the price managed to breach 0.7895 and hold above it.
The expected trading range for today is between 0.7755 support and 0.7895 resistance
The expected trend for today: Bearish